Short China Carlyle miscalculated a hedge fund this year plunged 43% adobe gamma

Short China Carlyle miscalculated a hedge fund this year plunged 43% Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! Carlyle Group (Emerging Sovereign group emerging Group, ESG) a hedge fund at the end of August this year fell 43%, due to the short Chinese bet to lose money. Peng Bo saw an investor document shows that Brian McCarthy managed Nexus fund assets from $2016 in early 500 million to $125 million. The fund’s losses this year were in stark contrast to its 2015 performance – up 35% last year. Carlyle spokesman Randall Whitestone declined to comment on behalf of ESG. The fund is a small portion of the ESG business, which managed assets of $3 billion 500 million as of July. Carlyle’s hedge fund business has been in a state of loss of assets, the company is out of it holds a majority stake in ESG. Nexus suffered its biggest monthly decline in March, when the country’s second largest economy stabilized, and the surge in new credit led to a rebound in the real estate industry. Until February, headquartered in New York, ESG is still short of the Chinese economy to make money by a group of hedge funds, including Passport Capital, Omni Partners and Odey Asset Management. Bears were damaged earlier this year because of the central bank’s support for the renminbi. China’s ESG, an investor, said in a filing that the fund was prepared for a "straight line" of China’s asset prices or the yuan, which was short of credit and the yuan. The country’s debt deflation spiral can only be avoided by cutting interest rates. Last year, the fund benefited from the one-time devaluation of the renminbi in 1994 to maximize the benefit. Responsible for the McCarthy of Nexus strategy in October last year, a prediction of a successful operation; it was with customers in a conference call after IMF said, let the yuan to join the global reserve currency, the RMB against the U.S. dollar devaluation will accelerate. According to the investor file, Nexus is still hot at the beginning of this year’s performance in January rose by 24%, because the RMB fell to a minimum of five years. But then in February and in March, respectively, down 14% and 33%. According to Bloomberg, August acquisition of ESG to investors Kevin Kenny, founder of ESG letters, Mete Tuncel and Jason Kirschner is buying equity held by Carlyle, and after the transaction than expected in October 31st completed a comprehensive take over the business. Source: Bloomberg global financial public number into the Sina financial stocks] discussion相关的主题文章:

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